We have retained our ‘Approved’ rating from Lonsec for our Funeral Bond, issued May 2024.[1]
Lonsec is one of Australia’s top research houses which rates over 1,250 investment products.
The Lonsec Product Review report states:
“An ‘Approved’ rating has been retained on the KeyInvest Funeral Bond. The Funeral Bond is well structured and capable of meeting investors’ requirements. Further it provides a range of attractive features including a capital guarantee option, which is provided by KeyInvest, and protects investors’ net contributions and any annual bonuses received, less any service fees, in the event of any market falls.”
Our Funeral Bond provides reassurance and makes it easier for loved ones to say goodbye and grieve by covering funeral costs.
Our Head of Funeral Bond Distribution, Andrew Meinel has worked closely with investors.
“The KeyInvest Funeral Bond has provided peace of mind and reduced the financial worry when planning a funeral for Australian investors for nearly 30 years.”
“Payment of the funeral is also a simple and quick process without the need to wait for formal death certificate,” he says.
For many Australians the financial benefit of a KeyInvest Funeral Bond may be greater than just the investment return, as Andrew explains.
“As contributions up to $15,000[2] are exempt from Assets and Income tests through Centrelink and the Department of Veterans’ Affairs, social security benefits, such as the age pension can be up to $1,170 p.a. higher for individuals, or $2,340 p.a. for couples with separate policies.”
We take pride in our ‘Approved’ rating from Lonsec and will continue to support the unique financial needs of our members in the funeral bond space.
Click here for more important information about this rating: https://www.lonsec.com.au/logo-disclosure
You can also learn more about the KeyInvest Funeral Bond here.
